It can be tough to catch up and keep up with the latest news, trends, interviews, and insights in the virtual care space. That’s why we’re here to do the work for you with our monthly telehealth news recap.
This month, we look at the parallels between fintech and healthtech, the case for hybrid care models, how health systems are combatting clinician burnout, and predictions for the future of healthcare.
Trends & Insights
The Case for Hybrid Care Models
While in-person healthcare remains a necessity, virtual care has shown to be an efficient and accessible modality for many populations across the U.S. With advancements in remote patient monitoring tools, AI, and other technologies, healthcare organizations are investing in hybrid care models to meet patients where they are and improve health outcomes.
Telehealth Has Played an Outsized Role Meeting Mental Health Needs During the COVID-19 Pandemic
Access to mental health care increased during the pandemic as telehealth became more prevalent and private payers and Medicaid expanded coverage for virtual mental health and substance use services. According to this recent study, telehealth continues to be a critical point of access to treatment for people battling mental health disorders and substance use.
First Opinions & Engaging Conversations
The Parallel Journeys of Fintech and Healthtech
The finance and healthcare sectors have many parallels, both operating on complex, outdated systems with a reputation for having low customer satisfaction. Fintech has successfully disrupted the industry in recent years thanks to increased venture capital funding, and we can expect healthtech to follow a similar path.
The Breen Bill to Protect Health Providers Is Well-intentioned. But It Won’t Stop Burnout.
The Breen Bill was recently passed to “improve the mental and behavioral health among health care providers” by offering grants to hospitals and health systems among other initiatives. But, clinicians are saying the bill will lead to more of the same by not addressing the root cause of provider burnout.
Growth & Innovation
13 Digital Health Companies That Raised More than $100M in 2022
From 2020 to 2021, investments in digital health nearly doubled with $29.1 billion raised just last year. Healthtech will continue to grow in 2022, and these thirteen companies offer a look into where investors see potential for digital health.
5 Tech Strategies Health Systems Are Testing to Combat Clinician Burnout
Healthcare workers are walking away from their jobs due to burnout and detrimental working conditions. Health systems are attempting to combat the issue and retain workers by trying new tools and solutions like predictive scheduling, digital skills training, and hybrid care models.
What's the Deal with Telemedicine?
Patients, clinicians, and companies have conflicting perspectives on the future outlook of telehealth and its impact on healthcare. This article covers how telehealth became what it is today and the factors that will shape its future.
Healthcare Isn’t Working for Clinicians Anymore. Here’s Where They’re Going.
Clinicians are “burnt out from the system” and changing course to find more fulfillment and balance in their careers. Physicians and nurses — like Wheel Head of Clinical Operations, Dr. Pooja Aysola — are pursuing opportunities in education, tech, and corporate services, and companies seeking talented health care workers are taking them in.
Women in the Lead: Michelle Davey, CEO and Co-founder, Wheel
In an interview with FNEI, Wheel CEO and Co-founder, Michelle Davey, shares why she set out to disrupt the healthcare system through virtual care and how Wheel is shaping the future of the industry. “I’m hopeful that in the next five years, we’ll just call it care. Whether that care is happening virtually online, at your home, or in the clinic, what’s important is that you’re getting the advocate and high-quality care as a patient that you need.”
Doctors Expect Virtual Primary Care to Surpass In-person Visits in 5 Years
In a recent survey conducted by Wheel, we learned 58% of clinicians said the stress of their jobs has caused them to lose passion for their careers. Fierce Healthcare spoke with Pooja Aysola, M.D., Head of Clinical Operations at Wheel, to hear about her experience practicing as an emergency medicine physician during the pandemic and how virtual care is changing the way clinicians work.
Changing the Landscape of Women’s Health: Founders and CEOs Sound Off
Women lead the healthcare economy and deserve a better healthcare experience. Finally, investors are taking more of an interest in women’s health companies and the solutions they bring to bear. In a statement to Forbes, Wheel CEO Michelle Davey said, “We need to continue to educate the industry on comprehensive care opportunities for women — and pave the way for more founders with innovative ideas.”
At Wheel, we believe healthcare will move forward when we amplify the impact of virtual care for more patients. Find out how Wheel can help launch, scale, and sustain your telehealth business.